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E-commerce industry needs regulation to provide level-playing field for small businesses: CAIT Confederation of All India Traders (CAIT) has said that the e-commerce industry needs regulation to provide a level-playing field for small businesses. CAIT Secretary General Praveen Khandelwal said that the same set of 5-6 companies are top sellers on prominent e-commerce platforms which leaves no scope for small businesses to grow. He said 'there has to be a regulatory authority like SEBI for share market, and for telecom industry to regulate and monitor e-commerce and we are going to r...
E-commerce industry needs regulation to provide level-playing field for small businesses: CAIT
E-commerce industry needs regulation to provide level-playing field for small businesses: CAIT
Source: Accord Fintech
23/08/2023 12:25:20 PM
CAIT calls for reducing GST rate on beverages Confederation of All India Traders (CAIT) has urged the union finance minister to consider reducing the Goods and Services Tax (GST) rate on beverages from 28 per cent, which comes to 40 per cent after inclusion of cess, arguing that it blocks the working capital of small retailers. The CAIT suggested that India should move to a Sugar Based Tax (SBT) system keeping the tax slabs proportional to the sugar in products, which means, higher the sugar in products, higher the tax. CAIT stated th...
CAIT calls for reducing GST rate on beverages
CAIT calls for reducing GST rate on beverages
Source: Accord Fintech
9/05/2023 12:18:41 PM
CAIT seeks empowered Regulatory Authority to monitor & regulate e-commerce The Confederation of All India Traders (CAIT) has demanded an empowered Regulatory Authority to monitor and regulate the e-commerce trade in the country. The CAIT has strongly pitched for six basic fundamentals needed for e-commerce policy and the rules under the Consumer Protection Act. In a communication sent to Union Commerce & Consumer Affairs Minister Piyush Goyal, the CAIT said six fundamentals are necessary for a robust growth of e-commerce which include transparent operation...
CAIT seeks empowered Regulatory Authority to monitor & regulate e-commerce
CAIT seeks empowered Regulatory Authority to monitor & regulate e-commerce
Source: IANS
30/03/2023 2:42:02 PM
CAIT urges Centre for amnesty scheme under Master Plan of Delhi-2041 raders' body, Confederation of All India Traders (CAIT) has sought the attention of the Urban Affairs Minister urging an Amnesty Scheme under Master Plan of Delhi-2041. In a communication sent to Union Urban Development Minister Hardeep Puri, CAIT has pitched for granting an Amnesty Scheme under Master Plan of Delhi-2041 for protection against sealing of shops. CAIT Secretary General Praveen Khandelwal said that in the past the Central government had regularised more than 1,700 unau...
CAIT urges Centre for amnesty scheme under Master Plan of Delhi-2041
CAIT urges Centre for amnesty scheme under Master Plan of Delhi-2041
Source: IANS
1/03/2023 3:55:47 PM
Traders` Body terms GST one of most complicated taxation system, urges Finance Minister for review Terming GST one of the "most complicated" taxation system, Traders' body Confederation of All India Traders (CAIT) has urged Finance Minister Nirmala Sitharaman to announce review of GST taxation system and all Acts and Rules concerning retail trade and One Nation-One Licence Policy for domestic trade. In its pre-Budget wishlist, it has also urged for effective pension scheme for traders, insurance scheme for traders as per scheme applicable in state of Uttar Pradesh. The ...
Traders` Body terms GST one of most complicated taxation system, urges Finance Minister for review
Traders` Body terms GST one of most complicated taxation system, urges Finance Minister for review
Source: IANS
25/01/2023 2:53:14 PM
CAIT urges financial support policies for small traders in Budget  Traders' body, the Confederation of All India Traders (CAIT) has urged the Union Finance Minister for financial support policies for small traders in the upcoming Budget. The body suggested that besides advising the Reserve Bank of India (RBI) to ensure smooth and easy access of finance to the trading community, the Finance Minister should spell out a policy in the budget to lay special emphasis on Non Banking Finance Companies & Micro Finance Institutions for lending to smal...
CAIT urges financial support policies for small traders in Budget
CAIT urges financial support policies for small traders in Budget
Source: IANS
19/01/2023 3:19:50 PM
Traders` body seeks printing of Indian Nutrition rating on food packets Traders' body Confederation of All India Traders (CAIT) has drawn Union Health Minister Mansukh Mandaviya's attention towards a draft notification issued by the Food Safety and Standards Authority of India (FSSAI) for the printing of Indian Nutrition Rating (INR) on food packets as part of a labelling exercise with healthy food items getting a higher rating. In a letter, CAIT has said that the proposed rules have not taken into account the ground reality of the food trade and vario...
Traders` body seeks printing of Indian Nutrition rating on food packets
Traders` body seeks printing of Indian Nutrition rating on food packets
Source: IANS
28/11/2022 6:01:06 PM
Estimated 32 lakh weddings till December 14 with a trade of Rs 3.75 lakh cr Encouraged by the vigorous business in the festive season of Diwali this year, traders across the country, including Delhi, are now preparing themselves for one another bonanza -- the wedding season which will begin on November 14 through December 14. During this period, around 32 lakh weddings will be solemnised across the country with a massive flow of about Rs 3.75 lakh crore by way of wedding purchasing and obtaining various services in the business being conducted by trading community...
Estimated 32 lakh weddings till December 14 with a trade of Rs 3.75 lakh cr
Estimated 32 lakh weddings till December 14 with a trade of Rs 3.75 lakh cr
Source: IANS
7/11/2022 1:47:10 PM
`Diwali festive sales likely to witness growth of Rs 60K crore rupees over 2019`  The purchases in Diwali season this year will be more than Rs 1,50,000 crore across the country in comparison to 2019 when this figure was about Rs 90,000 crore, the Confederation of All India Traders (CAIT) on Friday, terming the growth of Rs 60,000 crore in business "very satisfactory" and "encouraging". The buying season of Diwali is considered to start from the first Navratri and last till Tulsi Vivah, to be marked on November 5 this year. CAIT Secretary Ge...
`Diwali festive sales likely to witness growth of Rs 60K crore rupees over 2019`
`Diwali festive sales likely to witness growth of Rs 60K crore rupees over 2019`
Source: IANS
22/10/2022 9:46:52 AM
Hiring, expansions: Indian businesses gear up for festive sales free of COVID curbs Indian companies are hiring thousands of temporary workers, expanding to smaller cities and launching new products as the country prepares to celebrate its peak festive season without COVID restrictions for the first time in three years. Many people in the country of 1.4 billion decorate their homes and buy new clothes, cars, phones and other goods en masse around the Hindu festivals of Durga Puja and Diwali between September and November. E-commerce majors Amazon and Walmart's Flipkar...
Hiring, expansions: Indian businesses gear up for festive sales free of COVID curbs
Hiring, expansions: Indian businesses gear up for festive sales free of COVID curbs
Source: Reuters
19/09/2022 5:26:30 PM
Need for traders, merchants to modernize, digitize business models: Smriti Irani Amid constantly changing business scenario, Union Minister Smriti Irani expressed need for the traders and merchants to modernize and digitize their business models. The Minister made the remarks while launching CAIT India Knowledge Mission in the national capital. The initiative will educate and assist the traders across the country to adopt new and modern technologies to their businesses. The Confederation of All India Traders (CAIT) will organise both offline and online workshops across...
Need for traders, merchants to modernize, digitize business models: Smriti Irani
Need for traders, merchants to modernize, digitize business models: Smriti Irani
Source: Accord Fintech
6/09/2022 4:51:03 PM
Smriti Irani launches CAIT Knowledge Mission on Teachers`Day Union Minister Smriti Irani launched the national campaign of Knowledge Mission of Confederation of All India Traders (CAIT) here on Monday. "In the rapidly changing business scenario of the country and at the global level, there is a great need for the traders across the country to modernise their existing business model with adoption of digital technology and modern business tools," said Irani. The CAIT through this campaign will educate and motivate the traders having great...
Smriti Irani launches CAIT Knowledge Mission on Teachers`Day
Smriti Irani launches CAIT Knowledge Mission on Teachers`Day
Source: IANS
5/09/2022 4:03:57 PM
Zero import of Chinese Ganesh idols this year The festive season of this year has started with the 10-day grand celebrations of Ganesh festival across the country from today giving a high hope for the business community for big business this year. With this festival, the Confederation of All India Traders (CAIT) has once again re-continue its boycott of Chinese goods campaign. CAIT' National President B.C. Bhartia and Secretary General Praveen Khandelwal said that according to an estimate, more than 20 crore Ganesh idols are pu...
Zero import of Chinese Ganesh idols this year
Zero import of Chinese Ganesh idols this year
Source: IANS
31/08/2022 1:50:12 PM
CAIT upbeat about consumer spending this Diwali season The Confederation of All India Traders (CAIT) has asked traders to increase their stocks as people are going to buy more in the upcoming Diwali festival season. Citing a YouGov report, CAIT has said that nearly 36 per cent of people living in the urban areas are likely to spend more during the Diwali season. "The expected growth in business among cities will not be restricted to cities alone but traders in small towns and rural areas will also witness growth," it said. CAIT...
CAIT upbeat about consumer spending this Diwali season
CAIT upbeat about consumer spending this Diwali season
Source: IANS
22/08/2022 5:11:55 PM
CAIT to start movement for new GST law The Confederation of All India Traders (CAIT) -- a trade body -- will launch a nationwide movement demanding a new Goods and Services Tax (GST) law. In a statement issued, CAIT said the national campaign will start at Bhopal on July 26, 2022 when a state level conference of all trade leaders of Madhya Pradesh will be held. The CAIT said the existing GST Act and its rules should be reviewed and bring in radical change. The CAIT National President B.C. Bhartia and Secretary General Pra...
CAIT to start movement for new GST law
CAIT to start movement for new GST law
Source: IANS
18/07/2022 2:44:18 PM
CAIT seeks probe against Flipkart on purported role in narcotics trade The Confederation of All India Traders (CAIT) has urged for an immediate investigation into the purported role of e-commerce major Flipkart in the Shaheen Bagh drugs racket reportedly busted by the Narcotics Control Bureau. The seized drugs were kept in backpacks and jute bags and were wrapped in packets of e-commerce major Flipkart and other companies, according to reports. "It is a serious question of law that must not be left unattended because it poses national security threats...
CAIT seeks probe against Flipkart on purported role in narcotics trade
CAIT seeks probe against Flipkart on purported role in narcotics trade
Source: IANS
30/04/2022 10:50:56 AM
GST rates on footwears must be 5%, 12% which was applicable till 2021: CAIT The traders' body Confederation of All India Traders (CAIT) and Indian Footwear Association (IFA) on Thursday urged Union Finance Minister Nirmala Sitharaman to keep Goods and Services Tax (GST) tax rate on footwears below Rs 1,000 at 5 per cent and 12 per cent for beyond as it was applicable till December 31, 2021. Besides, the two bodies also urged Union Commerce Minister Piyush Goyal to make BIS standards applicable only on footwear costing above Rs 1,000. "The CAIT and IAF ...
GST rates on footwears must be 5%, 12% which was applicable till 2021: CAIT
GST rates on footwears must be 5%, 12% which was applicable till 2021: CAIT
Source: IANS
7/04/2022 3:44:27 PM
CAIT urges Centre to rationalise BIS standards, GST slab on footwear Citing the concerns raised by the footwear industry as genuine, the Confederation of All India Traders has urged the Centre to rationalise the BIS standards and Goods and Services Tax on the footwear items. Till December 31, 2021, footwears below Rs 1,000 used to attract 5 per cent GST. Starting 2022, the tax slab has been raised to 12 per cent for footwears falling in the Rs 1,000 range. "India is a land of diversity where consumers range from an ordinary person to most affluent c...
CAIT urges Centre to rationalise BIS standards, GST slab on footwear
CAIT urges Centre to rationalise BIS standards, GST slab on footwear
Source: IANS
20/03/2022 2:24:57 PM
Fair market regulator CCI is 'spineless, toothless', says CAIT Coming down heavily on the Competition Commission of India (CCI) for dropping investigation against Amazon for alleged violations pertaining to selling private labels on its portal, the Confederation Of All India Traders (CAIT) termed the fair market regulator as a "spineless toothless body" incapable of discharging its duties. The traders' body also termed the CCI as an "Anti-Trust Regulator". "Issues kept pending for a longer and indefinite period and by t...
Fair market regulator CCI is 'spineless, toothless', says CAIT
Fair market regulator CCI is 'spineless, toothless', says CAIT
Source: IANS
9/03/2022 4:27:33 PM
CAIT raises issues faced by small businesses, seeks meeting with PM Narendra Modi The Confederation of All India Traders (CAIT) has expressed "regret" while saying "no authorities have paid any attention towards upliftment of small businesses in the country". "Critical issues like complications of GST, malpractices of e-commerce companies, insurance to traders, one license in place of multiple licenses, abrogation of redundant laws concerning trade, easy access to finance, though pension to traders has been launched but the scheme has integral f...
CAIT raises issues faced by small businesses, seeks meeting with PM Narendra Modi
CAIT raises issues faced by small businesses, seeks meeting with PM Narendra Modi
Source: IANS
4/03/2022 9:21:51 AM
CAIT urges Centre to withdraw 12% GST rate on textiles The Confederation of All India Traders on Thursday urged Union Finance Minister Nirmala Sitharaman to withdraw the proposed GST tax on textiles. In the GST Council meeting in late 2021, it was unanimously decided to defer the hike in tax rate on textiles from 5 per cent to 12 per cent and the matter was sent to the tax rate rationalisation committee which will submit its report by February. Currently, the textiles sector is being taxed at 5 per cent tax rate, the traders' body said....
CAIT urges Centre to withdraw 12% GST rate on textiles
CAIT urges Centre to withdraw 12% GST rate on textiles
Source: IANS
11/02/2022 9:05:27 AM
Leading e-commerce players unlikely to participate in CAIT's 'Seedha Samvad' programme Leading e-commerce players like Amazon, Flipkart, etc. are not likely to participate in trader's body CAIT's (The Confederation of All India Traders) scheduled programme 'Seedha Samvad' on February 3. This meeting was earlier scheduled for January 27. The e-commerce players are not likely to be part of these discussions given the number of cases which have been filed by CAIT on various issues pertaining to e-commerce which are under litigation. Also, the trader's bod...
Leading e-commerce players unlikely to participate in CAIT's 'Seedha Samvad' programme
Leading e-commerce players unlikely to participate in CAIT's 'Seedha Samvad' programme
Source: IANS
2/02/2022 4:39:39 PM
CAIT urges Centre to exempt GST registration for e-commerce sales The Confederation of All India Traders has requested Union Finance Minister Nirmala Sitharaman to waive mandatory GST registration for selling products through e-commerce platforms. GST runs contrary to the vision of "Digital India" of Prime Minister Narendra Modi, it said in a statement, and it urged the Finance Minister to set things right in consultation with the GST Council. "Under the GST Act, a seller who wishes to sell products in e-commerce is invariably required ...
CAIT urges Centre to exempt GST registration for e-commerce sales
CAIT urges Centre to exempt GST registration for e-commerce sales
Source: IANS
17/01/2022 9:27:44 AM
Traders' body moves Competition Commission against Amazon-Cloudtail deal The Confederation of All Indian Traders (CAIT) has moved the Competition Commission of India (CCI), seeking a direction to block the acquisition of Cloudtail India by Amazon. Cloudtail is a 100 per cent subsidiary of Prione Business Services, a joint venture of Amazon and Catamaran Ventures and is also presently the largest seller on Amazon's e-commerce platform, Amazon.in. Citing the proposed structure of stake in Cloudtail, the plea said: "Amazon would have 100 per cent stake...
Traders' body moves Competition Commission against Amazon-Cloudtail deal
Traders' body moves Competition Commission against Amazon-Cloudtail deal
Source: IANS
15/01/2022 9:54:43 AM
CAIT expects major business decline during wedding season The Confederation of All India Traders (CAIT) has said increase in Covid cases along with imposition of various restrictions by different states have had an adverse impact on business and economic activities across the country. CAIT mentioned the situation has led business of various verticals of goods to go down by an average of 45 per cent in the last 10 days. Moreover, it expects a major business decline during the wedding season. it said  during the wedding season, which will star...
CAIT expects major business decline during wedding season
CAIT expects major business decline during wedding season
Source: Accord Fintech
10/01/2022 12:47:26 PM
Business volume down 45% due to third wave, says CAIT Increase in Covid cases along with imposition of various restrictions by different states have had an adverse impact on business and economic activities across the country, the Confederation of All India Traders (CAIT) said on Saturday. According to the CAIT, the situation has led "business of various verticals of goods" to go down by an average of 45 per cent in the last 10 days. The Confederation also urged the Central government and the chief ministers to take all possible ...
Business volume down 45% due to third wave, says CAIT
Business volume down 45% due to third wave, says CAIT
Source: IANS
8/01/2022 5:30:45 PM
Ensure e-commerce rules are not relaxed, CAIT tells Centre The Confederation of All India Traders has written to the Centre asking it to ensure that no relaxations are provided to the e-commerce firms. The Centre is in the final stages of drafting new e-commerce rules, which is expected to be launched "soon". "... any dilution in the proposed e-commerce rules under CPA (Consumer Protection Act) will percolate a strong feeling across the country that the government has succumbed to some hidden pressures and the e-commerce landscap...
Ensure e-commerce rules are not relaxed, CAIT tells Centre
Ensure e-commerce rules are not relaxed, CAIT tells Centre
Source: IANS
3/01/2022 9:50:06 AM
Rising Omicron cases a worry, but implementing odd-even in Delhi markets absurd: CAIT While the rising cases of Covid-19 and its latest variant Omicron are worrisome, Delhi's government's decision to impose odd-even formula for Delhi's markets is absurd, the Confederation of All India Traders (CAIT) said on Wednesday. As per CAIT, the move will not reduce the rising cases of Omicron or Covid, but on the contrary the traders as well as the customers will have to face huge problems. CAIT Secretary General Praveen Khandelwal said that the trading community stand...
Rising Omicron cases a worry, but implementing odd-even in Delhi markets absurd: CAIT
Rising Omicron cases a worry, but implementing odd-even in Delhi markets absurd: CAIT
Source: IANS
29/12/2021 10:01:22 AM
Defer GST rate hike on textiles, footwear: CAIT to Finance Minister The Confederation of All India Traders (CAIT) has urged Finance Minister Nirmala Sitharaman to defer the implementation of GST rate hike on textiles and footwear. The proposal is to increase the rate of tax from 5 per cent to 12 per cent on textiles and footwear. In a letter to the minister, CAIT termed the move as 'illogical' and 'beyond the canon of GST tax structure', particularly at a time when the domestic trade in the country is on the verge of recovery from the co...
Defer GST rate hike on textiles, footwear: CAIT to Finance Minister
Defer GST rate hike on textiles, footwear: CAIT to Finance Minister
Source: IANS
28/12/2021 9:26:19 AM
CAIT calls for 'Work from Home' policy The Confederation of All India Traders on Thursday reiterated its demand for a "Work from Home" policy. The traders' body urged Prime Minister Narendra Modi to direct authorities concerned to formulate rules and regulations for this as "Work from Home" concept "will make work hassle free, increasing productivity, working efficiency for employees". "Covid-19 has brought a new business model in India and over the globe, the 'Work from Home' m...
CAIT calls for 'Work from Home' policy
CAIT calls for 'Work from Home' policy
Source: IANS
10/12/2021 11:45:55 AM
Bumper Diwali Sales: Not revenge buying but sustainable demand, says CAIT The bumper Diwali sales in 2021, touted as the highest recorded till now, was not triggered by 'revenge buying' but a 'sustainable demand' trend, according to the Confederation of All India Traders (CAIT). As per CAIT, rising vaccination levels along with lower transmission levels instilled confidence in buyers. Besides, more choices at offer in retail outlets also ensured plenty of buying opportunity for the customers. Explaining in detail the reasons behind the whoppin...
Bumper Diwali Sales: Not revenge buying but sustainable demand, says CAIT
Bumper Diwali Sales: Not revenge buying but sustainable demand, says CAIT
Source: IANS
7/11/2021 9:41:15 AM
Panchjanya calling Amazon as East India Company corroborates Confederation of All India Traders view The Confederation of All India Traders (CAIT) has greatly appreciated the lead article carried by forthcoming edition of Panchjanya which has cited Amazon as East India Company. It said the article has corroborated the constant stand of CAIT since last two years that both Amazon & Flipkart are trying to become second edition of East India Company in India. CAIT said that it's a matter of fact that the business model of these two companies are similar to that of East India Company s...
Panchjanya calling Amazon as East India Company corroborates Confederation of All India Traders view
Panchjanya calling Amazon as East India Company corroborates Confederation of All India Traders view
Source: IANS
27/09/2021 5:11:55 PM
E-commerce rules: CAIT calls for strict monitoring, says draft norms to end acrony capitalism  Describing the draft e-commerce rules as a perfect set of guidelines for conducting structured and transparent e-commerce business in India, the Confederation of All India Traders (CAIT) has said that the rules if implemented would end the crony capitalism that allegedly exists in the current e-commerce scenario in the country. The traders' body has also suggested to come up with a monitoring mechanism to ensure compliance of these regulations by the online majors. In a letter to...
E-commerce rules: CAIT calls for strict monitoring, says draft norms to end acrony capitalism
E-commerce rules: CAIT calls for strict monitoring, says draft norms to end acrony capitalism
Source: IANS
25/07/2021 3:02:42 PM
Foreign e-commerce cos creating false narrative against draft rules: CAIT The Confederation of All India Traders (CAIT) has alleged that foreign-funded e-commerce majors are creating a 'false narrative' that the draft norms for the sector would impact foreign direct investment into India and the country's image as an investment friendly nation. In a statement, the traders' body said that the draft e-commerce rules under the Consumer Protection Act have been designed in a way to set the basic fundamentals and parameters of e-commerce business in I...
Foreign e-commerce cos creating false narrative against draft rules: CAIT
Foreign e-commerce cos creating false narrative against draft rules: CAIT
Source: IANS
11/07/2021 1:06:13 PM
CAIT against deadline extension for comments on e-commerce rules Amid reports that demands have been made from certain quarters to extend the deadline for submission of comments and suggestions on the draft e-commerce rules, the Confederation of All India Traders (CAIT) has described such requests as delaying tactics and said that there is no need for any extension of deadline. In a statement, CAIT Secretary General Praveen Khandelwal said: "It has been learnt from media reports that few companies have asked for extension of the date for giving sug...
CAIT against deadline extension for comments on e-commerce rules
CAIT against deadline extension for comments on e-commerce rules
Source: IANS
4/07/2021 2:01:54 PM
In 4 years, GST has become colonial taxation system: CAIT On completion of four years of GST implementation in India on Thursday, the Confederation of All India Traders (CAIT) said much against the declared spirit of GST as Good & Simple Tax , the GST has become a "colonial taxation system" not compatible with the ground realities of business conducted in India and available resources with the traders. Various amendments and introduction of Rules under GST in the recent past have made the taxation system much complicated and put mor...
In 4 years, GST has become colonial taxation system: CAIT
In 4 years, GST has become colonial taxation system: CAIT
Source: IANS
1/07/2021 2:52:46 PM
CAIT hails Piyush Goyal for his candour against unethical business of US e-commerce cos  Taking the statement of Union Commerce Minister Piyush Goyal as magisterial articulation of Indias e-commerce policy and his candour against arrogance and shameless illegalities of US ecommerce godzillas at a virtual talk held with Stanford India Policy & Economics Group on Saturday, the Confederation of All India Traders (CAIT) has termed Goyal's candid statement as a warning bell to all e-commerce entities who are indulging in e-commerce business activities in India. CAIT N...
CAIT hails Piyush Goyal for his candour against unethical business of US e-commerce cos
CAIT hails Piyush Goyal for his candour against unethical business of US e-commerce cos
Source: IANS
28/06/2021 12:57:12 PM
CAIT asks PM Narendra Modi to ensure no dilution in draft e-commerce rules In the wake of expected pressure tactics of foreign funded e-commerce companies against the draft of "E-commerce rules under Consumer Protection Act", the Confederation of All India Traders (CAIT) on Sunday sent a communication to Prime Minister Narendra Modi urging him to ensure that no dilution is made in draft of e-commerce rules under any pressure. The CAIT assured the Prime Minister that the business community stands in solidarity with the Government for releasing the said r...
CAIT asks PM Narendra Modi to ensure no dilution in draft e-commerce rules
CAIT asks PM Narendra Modi to ensure no dilution in draft e-commerce rules
Source: IANS
27/06/2021 2:35:12 PM
CAIT asks Goyal to direct CCI probe into Amazon, Flipkart A day after the Karnataka High Court judgement dismissing the petition of Amazon & Flipkart, the Confederation of All India Traders (CAIT) on Saturday sent a communication to Union Commerce Minister Piyush Goyal urging him to direct the Competition Commission of India (CCI) to immediately initiate investigation proceedings against Amazon and Flipkart without any further ado. The CAIT has also urged Goyal to immediately issue a fresh Press Note replacing Press Note 2 of the FDI policy w...
CAIT asks Goyal to direct CCI probe into Amazon, Flipkart
CAIT asks Goyal to direct CCI probe into Amazon, Flipkart
Source: IANS
12/06/2021 1:53:32 PM
G7 decision to force Amazon, FB, Google pay tax where services sold: CAIT The Confederation of All India Traders (CAIT) has hailed and appreciated the agreement reached out between members of Group of Seven (G7) at their meeting on Saturday where the world's richest nations agreed to close cross-border tax loopholes used by some of the biggest multinational companies and have decided to back a minimum global corporation tax rate of at least 15 per cent. This move, though at a very preliminary stage and if implemented, will certainly put checks and balances o...
G7 decision to force Amazon, FB, Google pay tax where services sold: CAIT
G7 decision to force Amazon, FB, Google pay tax where services sold: CAIT
Source: IANS
7/06/2021 8:39:39 AM
CAIT condemns US Mission remarks about Piyush Goyal Taking a strong note of a media story released by a global wire Agency titled "U.S. defended Amazon after article showed company bypassed Indian law" of May 21, the Confederation of All India Traders (CAIT) has strongly condemned the most uncalled for remarks of US Mission in India about Commerce and Industry Minister Piyush Goyal protecting misdeeds of Amazon. As per media story of the wire agency, the US Embassy in India in an internal email purported & reportedly sent by T...
CAIT condemns US Mission remarks about Piyush Goyal
CAIT condemns US Mission remarks about Piyush Goyal
Source: IANS
23/05/2021 2:07:12 PM
CAIT asks Piyush Goyal to stop delivery of non-essential items by e-commerce cos The Confederation of All India Traders (CAIT) in a communication sent to Union Commerce Minister Piyush Goyal has said that going one step further, various e-commerce entities even in the ongoing COVID-19 induced national emergency are delivering non-essential goods in blatant contravention of lockdown guidelines imposed by various State Governments. The CAIT has also sent similar communications to Chief Ministers of all States urging them to take immediate cognisance of this violation by ...
CAIT asks Piyush Goyal to stop delivery of non-essential items by e-commerce cos
CAIT asks Piyush Goyal to stop delivery of non-essential items by e-commerce cos
Source: IANS
13/05/2021 2:14:39 PM
CAIT seeks action against Amazon, Flipkart over non-essential supplies The Confederation of All India Traders (CAIT) has written to Minister for Commerce and Industry Piyush Goyal seeking action against e-commerce majors Amazon and Flipkart over alleged supply of non-essential goods amid the Covid-19 restrictions. "They have now started taking undue advantage of the pandemic by making illegitimate financial gains by supplying non-essential items which have been strictly prohibited by many state administrations due to ongoing lockdowns to prevent the spre...
CAIT seeks action against Amazon, Flipkart over non-essential supplies
CAIT seeks action against Amazon, Flipkart over non-essential supplies
Source: IANS
27/04/2021 5:40:46 PM
CAIT calls for staggered timings for different sectors amid Covid surge Amid rising Covid cases and talks of restrictions and partial lockdowns, the Confederation of All India Traders (CAIT) has written to Prime Minister Narendra Modi suggesting staggered working time for different sectors. In its communication, the traders' body has said that instead of night curfew or lockdown, it would be more appropriate if alternate easy measures may be adopted at district levels all over the country. CAIT noted that closer analysis of the Covid statistics over the...
CAIT calls for staggered timings for different sectors amid Covid surge
CAIT calls for staggered timings for different sectors amid Covid surge
Source: IANS
12/04/2021 9:42:09 AM
Budget is a progressive and comprehensive document: CAIT The Confederation of All India Traders (CAIT) on Monday termed the Union Budget 2021 as a "progressive and comprehensive document". "The Union Budget is a progressive and comprehensive document that ensures the structured development of every sector of the economy. It also brings relief to senior citizens from the burden of paying taxes. Also, developing the health sector and strengthening its services are its specialty," the CAIT said. According to CAIT, no new tax ...
Budget is a progressive and comprehensive document: CAIT
Budget is a progressive and comprehensive document: CAIT
Source: IANS
1/02/2021 4:07:05 PM
CAIT vents anger against USIBC for intervening in India's e-commerce The Confederation of All India Traders (CAIT) has strongly criticised US-based lobby group USIBC for objecting to an initiative of DPIIT to reframe the Press Note 2 of FDI policy. "The uncalled-for intervention of USIBC shows utter desperation of US companies like Amazon and Walmart and which are part of this lobby group, as they have understood that their sinister game of controlling and dominating e-commerce and retail trade of India will soon be over and they are trying to block in...
CAIT vents anger against USIBC for intervening in India's e-commerce
CAIT vents anger against USIBC for intervening in India's e-commerce
Source: IANS
30/01/2021 2:01:51 PM
CAIT objects to MoU between Karnataka government and Amazon The Confederation of All India Traders (CAIT) has strongly criticised the Karnataka Government for entering into an MOU with "tainted" e-commerce company Amazon to help drive e-commerce exports from the State. "We strongly object to this MOU of Karnataka Government with Amazon which is facing probe by law enforcing agencies and also facing court cases out of which one in Karnataka High Court, for charges of engaging into mal-practices, destroying competition and killing the ...
CAIT objects to MoU between Karnataka government and Amazon
CAIT objects to MoU between Karnataka government and Amazon
Source: IANS
29/01/2021 1:54:53 PM
CAIT seeks action against Amazon, Zomato for `daylight robbery` The Confederation of All India Traders (CAIT) in a communication sent to Union Commerce Minister Piyush Goyal demanded immediate action against e-commerce entities including Amazon, Flipkart, Zomato, Swiggy and others. "It is a case of daylight robbery of e-commerce entities in India and therefore demand immediate action against the erring e-commerce portals and online mechanism providers," CAIT said. CAIT has accused Amazon, Flipkart, Zomato, Swiggy and various other e-commer...
CAIT seeks action against Amazon, Zomato for `daylight robbery`
CAIT seeks action against Amazon, Zomato for `daylight robbery`
Source: IANS
24/01/2021 2:37:28 PM